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COS Systems, the developer of software for fiber network builders and operators, has shown years of strong growth. This resulted in the acquisition of the company that was recently announced. Today, COS also received the DI Gasell (Gazelle) prize and earns a spot on the list of Sweden’s fastest growing companies.  

Umeå, Sweden, October 15, 2020 – The leading Swedish business newspaper Dagens Industri has since year 2000 recognized the fastest growing companies in the country with their DI Gasell prize. This year COS Systems was one of the companies meeting the criteria to be awarded with this prestigious prize. This was announced at a ceremony held in COS System’s hometown Umeå. COS Systems was founded in 2011 and after an initial focus on product development the company has expanded rapidly during the last five years. Today the company has a strong base on the Swedish municipal Open Access network market, customers on multiple continents and a majority of their customers in the USA.

Less than one percent of Swedish companies meet the criteria to qualify for this prize. In short, the company needs to show a track record of multiple consecutive years of significant profitable growth. The idea of Gazelle companies was developed by American economist David Burch who introduced the concept in his 1987 book, Job Creation in America: How Our Smallest Companies Put the Most People to Work. He meant that small fast-growing companies, despite being few, accounted for the creation of 70 % of new jobs.

“We do have growth highest on our agenda and I’m proud that we have managed to more than double over turnover in the last years, while increasing our profits significantly. It feels amazing to receive this Gazelle prize, as a receipt on a job well done. Our plans for the future are of course continued growth with new customers and markets, but also a large number of new recruitments. After all, that is what is expected by a Gazelle company,” says Peter Lidstrom, CEO at COS Systems

About COS Systems

COS SYSTEMS is a leading provider of software to plan, deploy and operate modern broadband networks that support services from one or more providers, using a powerful yet simple self-service interface. Specializing in True Open Access Networks, COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue, and deliver more satisfied subscribers. Learn more about COS Systems at www.cossystems.com

 

For additional information contact:

Peter Lidström
CEO
COS Systems
+ 46 70 656 58 72
peter.lidstrom@cossystems.com
www.cossystems.com

 

COS Systems, the provider of the leading software platforms COS Business Engine for operators of True Open Access Networks, and demand aggregation platform COS Service Zones, has been acquired by Pivot. The Sweden-based private equity firm steps in as new owner as the broadband industry is at a pivotal point in time, where communities are starting to invest in fiber infrastructure at an exponential pace.

New York, NY, October 5, 2020 – Having a strong foundation in the mature Swedish Open Access market and a global customer base, COS Systems is currently expanding rapidly in North America. With the ongoing Covid-19 pandemic still spreading across our world – changing the way we live, work, and learn, one thing has become clear to community leaders; Without access to high speed internet your community is vulnerable.

“The digital divide has been a known problem for a long time, but it took a crisis to put it on top of the agenda. Outside of the largest cities, residents and businesses are struggling to go on with their day-to-day lives, with outdated or non-existent infrastructure to connect to the internet. Now, community leaders are stepping up and taking their digital future in their own hands by investing, or finding partnerships to build high-speed fiber infrastructure,” says Isak Finer, CMO & VP North America at COS Systems.

This critical infrastructure has been proven to be as important to communities as roads, water and electricity and should therefore be treated as such. The True Open Access business model, supported by COS Systems since the company’s inception, is ideal for these infrastructure projects.

“With one entity owning the infrastructure and multiple service providers selling services on it, the subscriber can choose what suits their needs best, while competition between providers will drive the quality up, and price down. It is also a future-proof model since providers of not only internet, but any type of services such as tele-health, and smart services are free to use the infrastructure. Even small rural communities can become ‘smart’ as the capital-intensive network deployment, the largest entry hurdle for providers, has been removed,” explains Bjorn Wannman, Sales Manager at COS Systems.

“COS Systems’ has established a strong position in a market with enormous potential for growth. We are excited about the unique product offering of both demand aggregation and open access BSS/OSS platforms, paired with the turning point towards larger community investments in fiber optic infrastructure. The logical business model to choose for a community is True Open Access as it offers better revenue potential and allows a democratization of broad band services. We will ensure COS Systems has the resources to meet this increasing market demand,” says Niklas Hofverberg, partner at Pivot Partners.

COS Systems’ international expansion will be supported on the Board of Directors by Stefan Georgi as Chairman, who brings significant experience from the sector as an industrial and strategic advisor, and Mikael Philipsson as a member, who has previously been the CEO of IP-Only and has deep sector expertise.

“I am proud of what our great staff and original owners have accomplished this far. As the industry is now at a point of change and expansion never seen before, it is the perfect time to get new owners on board. Pivot Partners brings expertise and resources to build on our previous successes and take COS to the next level,” says Peter Lidstrom, CEO of COS Systems.

 

About COS Systems

COS SYSTEMS is a leading provider of software to plan, deploy and operate modern broadband networks that support services from one or more providers, using a powerful yet simple self-service interface. Specializing in True Open Access Networks, COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue, and deliver more satisfied subscribers. Learn more about COS Systems at www.cossystems.com

 

About Pivot Partners

Pivot is a Swedish private equity-fund, investing in- and developing qualitative, high-potential companies in the Nordics, with a focus on development and growth initiatives. We invest capital and engagement – lots of engagement. We support our investments with experiences, processes and networks to instill new energy and capabilities to develop and capitalize on dormant opportunities through Innovation. We like local companies. The explanation is simple; Less Talk – more action. We believe in retaining the local footprint, whilst growing the business on a global scale – strengthening the region by creating job opportunities. For more information, visit www.pivot.se.

 

For additional information contact:

Isak Finer
CMO & VP North America
COS Systems
+1 (540) 988 3224
isak.finer@cossystems.com
www.cossystems.com

Niklas Hofverberg
Partner
Pivot Partners AB
+46 (70) 190 75 58
niklas@pivot.se
www.pivot.se
 

The Broadband Communities Summit is the leading event for community leaders, multifamily property owners and network builders and deployers interested in the building, managing, marketing and monetizing of high-speed broadband technologies and services.

Next week September 22-24th, 2020 COS Systems representatives will be participating in several different sessions that you don’t want to miss. Make sure to join the following:

Sep 22nd 2:35-2:45 pm CDT – Exhibit Hall Virtual Marketplace Presentation on COS Service Zones and the New Speedtest Release

Sep 24th 10-10:50 am CDTBuild Your Network as an Open and Automated Platform for Future Providers, Services and Revenue – Fast internet is just one of a multitude of services that can be delivered on your fiber infrastructure. By building your network from the start with the ability to virtually slice every fiber for specific services and for specific providers – while also being able to price those slices separately – it will be possible to deliver all the services of the future on one shared infrastructure. Yes, this introduces a whole new level of complexity. And, yes, automation is crucial. But it is already being done today, and we’ll show you how!

Sep 24th 11-11:50 am CDT – Workshop: Zero Touch Provisioning of True Open Access Networks  – COS Systems has been automating service provisioning on fiber networks in Europe since 2008. In this workshop you will get to experience how this works and meet the engineers who made it possible. COS Systems is now introducing this functionality in North America in partnership with Nokia and you will also learn about their end-to-end electronics platform and architecture strategies for automated networks open to multiple service providers.

If you are interested in reading up on how we can automate the provisioning of services you should check out page 76-78 in the march/april edition of the BCC Magazine. There is also a piece about it on the news section of our website. 

Make plans to visit us on the exhibit floor in the virtual Exhibit Hall! Use VIP Code: EXHVIP when registering; and receive a one-day exhibit only pass that gives you free access to the exhibit floor and sessions that day. If you wish to attend as a full Conference attendee, use VIP-code SpeakerVIP350 when registering to get a full conference pass for $350, thats $100 off.

Click here to register!

Every year the leading fiber broadband publication Broadband Communities Magazine lists the Top 100 companies in the Fiber To The Home Industry in the United States. For the 8th year straight COS Systems earns a place on the list for its innovative software solutions allowing fiber builders to capture demand for fiber and operate True Open Access Networks with world-leading efficiency.

As the FTTH market continues to grow in the USA, COS System’s solutions are becoming increasingly important. Today, compared to eight years ago when COS first earned a position on the prestigious list, more types of entities are entering the fiber industry. While eight years ago mostly the incumbent carriers and some private ISPs were making efforts to deploy fiber networks, today many of the buildouts are driven by communities, utilities and coops.

The COS Service Zones platform, playing a vital role in any fiber deployment is used to survey communities about their need for better broadband as well as allowing the fiber builder to pre-sign up customers. By dividing the planned build-out area into smaller “fiberhoods” and letting them compete to reach signup take-rate targets, the fiber builder will know where demand is sufficient for initiating the build-out. While this helps any kind of entity reduce the risk of a build-out by signing customers up beforehand, COS Systems other solutions are very well suited to meet demands of the new entrants to the market.

As community focused entities are planning to build out fiber networks they tend to have an infrastructure view, in contrast to traditional service providers who focus largely on the services. For a municipality the biggest interest is rather what community benefits a fiber infrastructure would bring in the form of quality of life for residents and competitiveness of their businesses. With COS Business Engine, the BSS/OSS platform developed specifically for streamlining operations of True Open Access networks, COS Systems shares this infrastructure view of fiber. While the community can focus on finding ways to get the fiber infrastructure deployed, choosing an Open Access model allows them to partner with private service providers for bringing services to the

“We are happy to be on the list for yet another year and with the market development we are seeing I am certain we will be on the list next year as well! As municipalities are stepping up and taking lead in the efforts to get their communities connected, the interest in Open Access networks is increasing rapidly. This will especially benefit rural America since they will be able to attract service providers who would otherwise not be able to offer services due to constraining deployment costs. If communities can find ways to get the infrastructure in place, Open Access and the market forces within the private sector will take care of the rest. We’ll be there to make sure there are systems supporting both the demand based incremental build-out as well as the efficient operations of a network with multiple competing service providers”, says Isak Finer, CMO and VP North America at COS Systems.

 

About COS Systems

COS SYSTEMS is a leading provider of software to plan, deploy and operate modern broadband networks that support services from one or more providers, using a powerful yet simple self-service interface. Specializing in True Open Access Networks, COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue, and deliver more satisfied subscribers. Learn more about COS Systems at www.cossystems.com

For additional information contact:

Isak Finer
CMO & VP North America
COS Systems
+1 (540) 988 3224
isak.finer@cossystems.com
www.cossystems.com

COS Systems is specializing in software to operate broadband networks open for multiple providers delivering services on a shared infrastructure. Nokia is a global leader in fixed and wireless networks and networking technologies for open network architectures, software defined networking and network slicing. After recent integration work the cooperation between the companies is now formalized as COS Systems becomes a Nokia Fixed Networks OSS Connected Partner.  

With new types of services emerging, such as telehealth, internet of things and smart services, it is becoming increasingly important to have a network open for multiple providers. Instead of building a proprietary network and trying to produce all the services current and future customers will need, it is attractive to provide a robust infrastructure and then open it up to multiple specialized providers on a wholesale basis.

“In 2014 when we established COS Systems in the United States Open Access was almost unheard of, but in just a few years this has changed dramatically. Especially municipalities are realizing that their best choice is not to become a provider of telecommunications services, but to ensure that this critical infrastructure is in place, just as with other utilities such as roads, water and electricity,” says Bjorn Wannman, Sales Manager at COS Systems.

With COS Systems heritage from Sweden, where their BSS/OSS platform COS Business Engine is used to operate more than a hundred municipal and utility fiber networks, this is not something new. For over a decade COS has enabled True Open Access Networks, where subscribers can access an online marketplace and choose freely between any type of services provided by many competing service providers. The competitive nature of the marketplace brings service innovation, increased quality, and lower prices. This is also where the partnership with Nokia comes into play. For a network deployed using Nokia Fixed Access equipment COS will be able to fully automate the subscribers’ interaction with the marketplace. As subscribers are managing their services on the marketplace, COS Business Engine will instruct Nokia’s management and control platform to instantly perform desired changes in the network.

“With the tools to simplify business and network operations, COS Systems is able to uniquely meet operator needs for network automation. With this cooperation, operators – regardless of whether they are new or existing players in the market – can easily automate the delivery of high-speed broadband services to their residential and enterprise customers. ” says Bassam El-Zakhem, Vice President, Fixed Networks Americas at Nokia.

“We’re excited to be part of Nokia’s OSS Connected Partner Program. They share our visions about open networks and what we see today is just the beginnings of what will come. Working together with a global leader such as Nokia on current and emerging Software Defined Networking and network slicing technology is thrilling. Network owners and operators working with us will know they are choosing an open and future proof solution,” says Isak Finer, CMO and VP North America at COS Systems.

“COS Systems has unique understanding and experience in the open type of networks that are becoming increasingly important. By combining the Nokia AMS and Altiplano management and control platforms with the COS Business Engine, operators can more effectively keep up with rapidly changing customer demands. We’re happy to welcome COS Systems as OSS Connected Partners,” says Bassam El-Zakhem, Vice President, Fixed Networks Americas at Nokia.

About COS Systems
COS SYSTEMS is a leading provider of software to plan, deploy and manage True Open Access fiber networks, using a powerful yet simple self-service interface. COS Systems takes customer needs and delivers innovative software solutions that streamline operations, accelerate revenue and deliver more satisfied subscribers. Learn more about COS Systems on www.cossystems.com.

For additional information contact:

Isak Finer
CMO & VP North America
COS Systems
+1 (540) 988 3224
isak.finer@cossystems.com
www.cossystems.com